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ACSA AWARDS SHINE SPOTLIGHT ON INDUSTRY VOLUNTEERS

Tuesday, 11 February 2020   (0 Comments)
Posted by: Kate Dent
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Sydney, AUSTRALIA - The Australian Custodial Services Association (ACSA) today congratulated the winners of its 2020 industry awards.

 

The ACSA Awards were presented yesterday at the Investment Operations Conference in Sydney by ACSA Chair, David Knights.

 

2020 ACSA Award winners:

  • Siv Vijayanathan, HSBC
  • Teri Thomas, J.P. Morgan

 

2020 ACSA Service to the Industry Award:

  • Daniel Cheever, State Street

 

ACSA Chair, David Knights, said: “The Annual ACSA Awards are the main way we show our gratitude to the people of the asset servicing industry who volunteer their time to support our mission. Without these people, the work of ACSA would grind to a halt, so we are thankful for their time, energy and efforts. ACSA’s unique voluntary working group structure relies on the men and women of the asset servicing industry to give up their time to help the industry prosecute its agenda with the broader financial services ecosystem.”

 

Mr Knights shared the following citations in presenting the awards:

 

Siv Vijayanathan is a key contributor to the ACSA Regulatory Affairs working group. He has been closely involved in the preparation and submission of industry responses on two new separate disclosure requirements – infrastructure and media ownership. This work has involved ACSA engaging with two new regulatory bodies, the Critical Infrastructure Centre and the Australian Communications and Media Authority.  

 

Teri Thomas became Chair of the ACSA Members and Services working group in 2019 and has brought new perspectives and energy to the role. She has also lead the discussion on how ACSA positions itself internally and externally. In the past year, Teri has leveraged ACSA appearances at conferences and member events to emphasise ACSA’s core mission, as well as promoting a strong diversity and inclusion agenda. Teri has driven a higher social media presence, significantly increasing ACSA’s presence on LinkedIn as a key channel. 

 

This year’s winner of the Service to Industry Award, Daniel Cheever, has worked in the Australian asset servicing sector for close to 21 years. Daniel’s sense of calm and pragmatism in his approach to clients’ requirements and the complexity of change is well recognised. His counsel is sought out across the industry by clients, consultants and peers alike. Daniel has served on the ACSA board from 2013 to 2018 as Deputy Chair, and also worked as the sponsor of the Regulatory Working Group through the challenging introduction of Stronger Super Reporting, driving strong collaboration across industry groups and regulators.

 

ACSA also provided an update on key activities the organisation has undertaken over the past 12 months. The key milestones of activity included:

 

  • Update of the role of custodian whitepaper describing the evolving role asset servicing providers play in Australia’s institutional investment landscape.
  • Ongoing engagement with the ASX and broader market on the challenges and opportunities presented by the ASX CHESS Replacement and blockchain technology.  
  • Continued work on the Managed Funds Improvement Program to tackle inefficiencies in the managed funds space.

 

Read the media release in full, here.

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Media enquiries

Kurt Graham, Sefiani

0431 478 558

kgraham@sefiani.com.au

 

 

About the Australian Custodial Services Association (ACSA): Established in 1994, the Australian Custodial Services Association Limited (ACSA) represents the custodial and asset administration industry in Australia. ACSA members hold securities in excess of $3 trillion in custody and under administration.  For further information on ACSA please go to www.acsa.com.au.


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